Particle.news
Download on the App Store

ICICI Prudential AMC IPO Allotment Today After 39x Demand, Grey Market Hints at Mid‑Teens Premium

As a full offer for sale by UK-based Prudential, the IPO directs proceeds to the seller rather than the AMC.

Overview

  • The public issue closed on December 16 with overall subscription of 39.17 times, including 123.87x by QIBs, 22.04x by NIIs, and 2.53x by retail, per exchange data.
  • Grey market trackers on December 17 cited a premium of about Rs 355–365, implying an estimated 15–17% listing pop, though these indications are unofficial.
  • Share allotment is slated for December 17, demat credits and refunds for December 18, and a tentative listing on the BSE and NSE on December 19.
  • The Rs 10,602.65 crore offering was priced at Rs 2,061–2,165 a share and included about Rs 3,022 crore placed with anchor investors on December 11.
  • ICICI Prudential AMC is a leading fund house with 143 schemes and QAAUM of roughly Rs 10.15 trillion as of September 30, 2025, and reported PAT of Rs 1,617.74 crore for H1 FY26, with brokerages guiding for a medium- to long-term view.